Bitcoin Wallet Cohorts Shift Trading Strategies
- Retail holders distribute; whales shift to selling.
- Accumulation spans multiple wallet segments.
- Glassnode reports heightened investor trust overall.
In May 2025, Glassnode reported distinct trading behaviors among Bitcoin wallet holders. Retail cohorts with 1–10 BTC are net sellers, while other groups demonstrate broad accumulation. Whales have pivoted from buying to selling in recent weeks.
Glassnode’s analytics reveal significant shifts in Bitcoin wallet behaviors, influencing confidence and market moves among retail and institutional investors.
The retail cohort (1–10 BTC) continues in a net selling pattern, while smaller holders re-accumulate. Whales have begun selling, possibly leading Bitcoin price adjustments.
“Accumulation trends are now visible across almost the entire Bitcoin wallet spectrum. Holders with less than 1 BTC have shifted from distribution to light accumulation… The only group still net selling is the 1–10 BTC segment. This broad-based accumulation indicates increased confidence from retail up to institutional investors…” – Glassnode Twitter
Market analysts observe that as whales sell, retail confidence grows, reflecting prior cycles. Whales globally are redistributing BTC, affecting exchange liquidity trends.
BTC displays varied intensity of accumulation or selling across wallet sizes, with associated price effects. Glassnode updates are informing market expectations and investor sentiment.
Experts suggest historical parallels to previous cycle tops, reinforcing the importance of on-chain data to foresee price dynamics. Bitcoin-focused investors are cautiously watching similar actions unfold.
